AUSTIN - National Instruments plans to invest $80 million and add 1,000 technical and engineering jobs locally over the next ten years to serve its steadily expanding business.

The company expects to start work in July on a new 300,000-sf building on 8.5 acres next to its existing site in North Austin.

The project was announced by the Texas governor’s office, which said the company will receive $4.4 million in incentives from the Texas Enterprise Fund to close the deal. The City of Austin is proposing to add another $1.7 million incentive to the deal.

National Instruments is a leading maker of test and measurement hardware and software systems used by scientists and engineers worldwide.